Global Welding Wires Market 2017-2021
- Published: May 2017
- Pages: 70
- SKU: IRTNTR13026
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
This industry research report identifies Colfax (ESAB), Hyundai Welding, Illinois Tool Works (ITW), and The Lincoln Electric Company as the key vendors in the global welding wires market. This welding wires industry research report also presents a competitive analysis of the market by type (solid wires, flux cored wires, and saw wires and fluxes), by end-user (automotive, construction, aerospace and defense, and shipbuilding), and by geography (the Americas, APAC, and EMEA).
Highlights of this global welding wires market research report are:
Want a bigger picture? Try a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Overview of the global welding wires market
Market research analysts at Technavio predict that the global welding wires market will grow steadily at a CAGR of about 4% by 2021. The construction industry largely uses welding consumables such as wires and stick electrodes. Welding the structural steel guarantees the reliability, durability, and safety of steel structures including buildings, such as residential houses, multi-level car parking, schools, and skyscrapers. This market study estimates that the steady growth of the construction industry that is driven by continuous industrialization in the emerging countries across the globe and the economic recovery of developed economies will be one of the major factors that will drive the growth of the welding wires market in the coming years.
Due to the significant demand for innovative technologies, the recent years witnessed the introduction and adoption of new materials for welding purposes that help in reducing the weight of the overall finished products and leads to lesser production cost. Additionally, welding equipment manufacturers are also focusing on the development of specific equipment and advanced processes for specific materials which will help them enhance the overall quality of the final product. According to this market study, the advent of new materials will be one of the major trends that will gain traction in the welding wires market in the coming years.
Competitive landscape and key vendors
The market is characterized by the presence of several international vendors and is moderately fragmented. The competition among the market players will become more aggressive due to the introduction of products with new features and technologies. The small and regional players in the welding wires market will find it increasingly difficult to compete with the international vendors, especially in terms of quality, features, functionalities, and services.
The leading vendors in the market are -
- Colfax (ESAB)
- Hyundai Welding
- Illinois Tool Works (ITW)
- The Lincoln Electric Company
The other prominent vendors in the market include Sandvik (Sandvik Materials Technology), NATIONAL STANDARD (Heico Wire Group), Hobart Brothers Company, Jiangsu ZhongJiang Welding Wire, Saarstahl, Sumitomo Electric Industries, Luvata, Haynes International, LaserStar Technologies, Harris Products Group, BOC (Linde Group), Ador Fontech Limited, Zaimoglu Holding (Magmaweld), The Indian Steel & Wire Products, WeldWire, voestalpine Böhler Welding, IABCO, Gedik Welding, Ceweld Nederland, KEI Industries, Kobe Steel, Daido Steel, D&H Sécheron, Ador Welding, Berkenhoff, NovaTech, ITALFIL , Tianjin Bridge Welding Material Group, and Air Liquide.
Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your FREE 14-day trial
Segmentation by end-user and analysis of the welding wires market
- Automotive
- Construction
- Aerospace and defense
- Shipbuilding
During 2016, the automotive segment accounted for the major shares and dominated this market. Low-interest rates and low fuel prices that will drive the growth prospects for the automotive industry will be the major factor driving the demand for welding wires in this end-user segment. Additionally, the stringent requirements for quality, reliability, and precision that demands the need for incorporating newer technologies in welding processes, will also fuel the growth of the welding wires market in the automotive sector.
Geographical segmentation and analysis of the welding wires market
- Americas
- APAC
- EMEA
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. The economic growth of the region that leads to the growth of the major end-user industries such as automotive, construction, aerospace and defense, electrical equipment, and industrial machinery, will be the major factor driving the growth of the welding wires market in this region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global welding wires market?
- What are the key market trends impacting the growth of the global welding wires market?
- What are the challenges to market growth?
- Who are the key vendors in the global welding wires market?
- What are the market opportunities and threats faced by the vendors in the global welding wires market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global welding wires market?
Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your FREE 14-day trial
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by type
- Market overview
- Solid wires
- Flux cored wires
- Saw wires and fluxes
PART 07: Market segmentation by end-user
- Market overview
- Automotive
- Construction
- Aerospace and defense
- Shipbuilding
PART 08: Geographical segmentation
- Market overview
- APAC
- EMEA
- Americas
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Addressing the issue of growing skills gap
- Advent of new materials
- Introduction of laser welding equipment
PART 12: Vendor landscape
- Other prominent vendors
PART 13: Key vendor analysis
- Colfax (ESAB)
- Hyundai Welding
- Illinois Tool Works (ITW)
- The Lincoln Electric Company
PART 14: Appendix
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
